But that is the thing it doesn't matter if Bitcoin gets fixed. If they can't takeover Bitcoin, they will just make their own coin and replace it.

You will have the whole Bitcoin market which is growing, and the whole crypto currency market which will become the future of currency, especially now in the beginning stages. Think about all the people who use Facebook credits it's the same thing basically. They convert their money into credits/gems/whatever to purchase in game items. There are millions of people who do so every day, they don't think twice about it. They do it because it's simple and fast, it doesn't take them 1 hour to receive their credits.

The market will start off with technology followers, and then once people see the coin is actually useful for real transactions, it will continue to grow, among the other merits that they deem positive about it.

It's not just Bitcoin, It's crypto currencies in general. They want a cashless society, but they want control over it. The future is not Bitcoin, and unfortunately not eMunie either. The future will probably be a one world government issued digital coin, which won't be anonymous and will be controlled, in every aspect. You think they want some clowns who mined bitcoins on their CPU computers to be worth billions one day?

They will just transfer the current bank balances into an inflationary crypto currency to make the rich richer and the poor poorer.

I'm not talking about BitCoins merits as a monetary store of value, or the freedom it stands for, blah blah. That is the main problem of Bitcoin along with many others, Average people do not care about anything but speed and security, if it doesn't have both nobody will use it over their credit cards who offer both. Ohh great you can't reverse transaction in Bitcoin, so i can get scammed and no one will protect me. Win Credit Card.

The only coin that has a chance for mainstream adaption is one that provides speed and it's simple as that. Nobody will wait minutes for their purchases to be confirmed and accepted. There are many other problems but I am just speaking about mainstream adaption.

Please don't hurt him, he's still in the fragile denial phase.

Great argument, why would they killed off? Nothing better has come to replace them. But there sure will be better coins than bitcoin. When a payment method can fully confirm within seconds and not worry about double spends, Bitcoin is dead. It might not happen this year or the next, but it will happen.

Enjoy

That's cute you sold Cheap cellphone cards with 0 Accepts. How about bigger transaction would you still sell them with 0 confirmations? Second, you a person on bitcointalk is not Joe, from Joes Pizza, or Cindy your next door neighbor. We might accept 0 confirms for small transactions but regular users will not, and if they do it's a small majority.

Third Bitcoin will die guaranteed, again feel free to get mad and sad about those words. Just like Myspace died to Facebook, and just like dial up died to cable, and millions of companies who were destroyed by the competition, Just like Altavista and Lycos by Google, and the list goes on and on.

Ohh ok Great so 1-2 confirmations, today that would be about 4 hours. YAY Bitcoin such a great success, let me buy some Dominoes Pizza in the morning and hopefully at some random time of day get it delivered.

Secondly, incorrect I've had multiple transactions take over a minute to even show up.

Third nobody is going to accept 0 confirmations. The end.

Yep massive noob who bought at $50-$100.

You, just another Mad moron who bought at $500-800 and is getting ready to get destroyed.

1st it's not my coin, just naming the most probable coin that will initiate the Bitcoin crushing, Heck something else could come out also that will crush it. That's the thing it can be any new secure protocol that offers instant transactions times.

Second, how cute you have a broken fail website, please enlighten me more about your opinion.

It is the protocol, for a transaction to be confirmed against double spends Bitcoin requires 6 confirmations, for you to be safe.

Secondly, even with 0 confirmations sometimes they take over a minute to show up.

Thirdly, A confirmed transaction is 6 confirmations which takes about anywhere from 4-24hrs. So it's the protocol.
The same protocol that makes it complicated for the average person to understand or want to understand when the transaction is confirmed.

What fantasy world do you live in? The same Fiat Rules apply to Bitcoin. As of right now "Individuals" are considered MSB's with Fincen's last guidance unless they offer new guidance.

Secondly, regular money rules apply to bitcoin, If you make any purchases of $3,000 or more guess what it's getting recorded and probably stored in a government database somewhere, exchanging bitcoin into fiat well then we have a $1,000 limit for you there.

It's foolish to think that when the NSA and government are recording your banking and credit card transactions legally and illegaly, you think that Bitcoin is different.

No that's the problem normal people will not give two shits what a blockchain is, when they see that the program shows the transaction is not confirmed they won't care about double spends, triple spends, or whatever technical word you throw in their face.

Good luck convincing people to accept 0 Confirmations, will never happen with normal mom and pop. Secondly, for the transaction to even show up sometimes is takes a minute or longer. So even 0 Confirms are slower than Visa.

Ripple lols no, I'll give you the name so you can keep a look out for it on the alt currency thread, or even stop by to the site.

eMunie, you can join the people and get involved at forum.emunie.com

To give you a comparison:

BitCoin: about 80K transactions with 1 confirmation taking a bit over 2 hours.
eMunie: 100K transactions confirming in under a minute, only on a beta network of 15 nodes.

Keep a look out for it on the Alt section, or join the forum and help in testing and keep up to date.

None, as 99% of them are all useless clones, and the one I am speaking about is currently in Beta.

Nope, Bitcoin as a protocol can't function for instant transactions, it needs to be reworked from the ground up, pretty much creating a new crypto currency, by the time that happens, if it ever happens, the new "wondercoin" has crushed it.

Just Like AOL tried to finally catch up to Cable internet by offering it's own High Speed Option, by then it was too late. You don't have to be a genius to realize this thing is way to slow for real transactions, the fact that they haven't done anything to it for the last 5 years shows how amazing Gavin and the community is lol.

It's should be out sometime in January, that's the thing though Bitcoin can be entranced and it will still easily come crashing down.

Just like the only way people got online in America during the 90's was America Online, America Online entrenched in everything, and then it was all gone.

Crypto Currency QR codes, Mark of the beast anyone? Tattooed perfectly on your hand to send/accept payments.

Ohh noeeez I said the unthinkable to the bitcoin fanboys, that bitcoin will get destroyed by whatever coin comes out that will make this dinosaur obsolete.

Because wait please explain to me the benefit of waiting 30 hours to make sure my order is confirmed instead of a few seconds using a credit card? Anonymity!! Guess what when bitcoin becomes "mainstream" which it never will for the very fact that it takes forever to confirm any normal transaction.

The mainstream places are going to ask you for personal information, like Amazon, Walmart, whatever company you can think of, so it basically becomes a nice tracking tool to track every single transaction you ever make in your life, as they have your name and address and can match your bitcoin wallet.

But those are flaws in all crypto currencies, people celebrate them for freedom yet they fail to realize that they will be the most sinister, draconian tool of control even invented. Why do you think big government loves crypto so much, and are passing regulations to make it legal in their frameworks.

They know once they have the infrastructure in place they can track every single transaction that a person makes, and in the process they would have eliminated "cash" the only true form of anonymity.

Back to bitcoin though, Bitcoin is basically AOL dial up internet, waiting to be destroyed by Time Warner high speed cable. Bitcoin can't compete in the real world of instant transactions, hence it will never be used for anything of importance main stream.

As soon as a new crypto currency comes out that offers true instant transactions, Bitcoin will be dead, there is actually a coin coming out just around the corner, you'll all know of it soon enough, which will dominate crypto and won't be replaced by anything even remotely soon after, as it solves all Bitcoins problems. Any coin that tries to compete with it won't matter, as they will only be marginal improvements and not worth the "mainstreams" time to implement them.

It will have first mover advantage and keep it, Just like Visa and Mastercard. There will be clones trying to compete but they won't get anywhere as they will only offer marginal improvements which people won't bother or waste their time with. Just like the countless payment clones to the major payment processors, nobody gives them any attention.

Laugh, Cry, Hate, or Love just know this will all happen, and you have been forewarned.